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Ghana Oil Co (XGHA:GOIL) PS Ratio : 0.03 (As of May. 23, 2024)


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What is Ghana Oil Co PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Ghana Oil Co's share price is GHS1.50. Ghana Oil Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2022 was GHS52.94. Hence, Ghana Oil Co's PS Ratio for today is 0.03.

Good Sign:

Ghana Oil Co Ltd stock PS Ratio (=0.03) is close to 5-year low of 0.03

The historical rank and industry rank for Ghana Oil Co's PS Ratio or its related term are showing as below:

XGHA:GOIL' s PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.13   Max: 0.5
Current: 0.03

During the past 13 years, Ghana Oil Co's highest PS Ratio was 0.50. The lowest was 0.01. And the median was 0.13.

XGHA:GOIL's PS Ratio is ranked better than
99.05% of 949 companies
in the Oil & Gas industry
Industry Median: 1.19 vs XGHA:GOIL: 0.03

Ghana Oil Co's Revenue per Sharefor the six months ended in Dec. 2022 was GHS52.94. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2022 was GHS52.94.

Good Sign:

Ghana Oil Co Ltd has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Ghana Oil Co was 175.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 49.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 29.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 24.30% per year.

During the past 13 years, Ghana Oil Co's highest 3-Year average Revenue per Share Growth Rate was 70.00% per year. The lowest was -3.40% per year. And the median was 21.50% per year.

Back to Basics: PS Ratio


Ghana Oil Co PS Ratio Historical Data

The historical data trend for Ghana Oil Co's PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ghana Oil Co PS Ratio Chart

Ghana Oil Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.11 0.12 0.09 0.03

Ghana Oil Co Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.11 0.12 0.09 0.03

Competitive Comparison of Ghana Oil Co's PS Ratio

For the Oil & Gas Refining & Marketing subindustry, Ghana Oil Co's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ghana Oil Co's PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ghana Oil Co's PS Ratio distribution charts can be found below:

* The bar in red indicates where Ghana Oil Co's PS Ratio falls into.



Ghana Oil Co PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Ghana Oil Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1.50/52.937
=0.03

Ghana Oil Co's Share Price of today is GHS1.50.
For company reported annually, GuruFocus uses latest annual data as the TTM data. Ghana Oil Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2022 was GHS52.94.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Ghana Oil Co  (XGHA:GOIL) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Ghana Oil Co PS Ratio Related Terms

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Ghana Oil Co (XGHA:GOIL) Business Description

Traded in Other Exchanges
N/A
Address
Junction of Kojo Thompson and Adjaben Roads, Building No. D 659/4, P.O. Box GP 3183, Adabraka, Accra, GHA
Ghana Oil Co Ltd (GOIL) is engaged in the marketing and distribution of petroleum products. Its objective is to market petroleum products and related products particularly fuels, liquefied petroleum gas (LPG), lubricants, bitumen, and specialty products in Ghana. The company is engaged in the business of marketing quality petroleum and other energy products and services in all its branches in a healthy, safe, environmentally friendly and socially responsible manner.

Ghana Oil Co (XGHA:GOIL) Headlines

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